Oct 13 (Reuters) - Janus Capital Group Inc, fresh from hiring bond star Bill Gross, said on Monday it planned to make its first foray into the booming exchange-traded funds space through the acquisition of VelocityShares parent, VS Holdings Inc...
Alt ETF of ALT ETFs
ProShares has partnered with Morningstar to launch an alternative investments ETF that is meant to be a one-stop diversified portfolio of alternative strategies in a single, low-cost ETF wrapper, with the ticker ALTS. The fun...
Worthwhile
Hightower CEO Elliot Weissbluth is profiled in this month’s Worth magazine, which also named him No. 91 on the publication’s list of the 100 most powerful people in finance, along with New York attorney general Preet Bharara (No. 1)...
Broker/Dealer Liable for Inside Trades
The Securities and Exchange Commission charged Wells Fargo for failing to stop a broker from trading on insider information (the broker had previously been charged.) The broker traded on material non-public...
No, this isn't a Halloween pun come much too early - the Death Cross is apparently all anyone can talk about lately when looking at the Russell 2000. The deliberately gloomy term is what the technical analysis folks use when a price chart shows a...
ETF Usage on the Rise
As exchange traded funds continue to take more market share, the number of advisors using the structure increased to 84 percent in 2014, up from 82 percent in 2013, according to the 2014 AdvisorBenchmarking RIA Trend R...
(Reuters) - U.S. regulator the Securities and Exchange Commission is investigating whether bond fund manager Pimco inflated the returns of its Total Return Exchange-Traded Fund (BOND.P) run by founder Bill Gross, who has come under renewed fire...
It's hard not to get caught up in all the hoopla over the IPO of Alibaba, which comes to market on Friday and will raise a pretty staggering $21+ billion from investors...